Nokia is Coming Back in 2016 with HMD Global

Author
In Gadgets, Nokia Dec 18, 2016
Nokia is Coming Back in 2017 with HMD Global

Peoples are excited to see Nokia back on the market. We have good news for all lover of Nokia that Nokia is coming back at the end of 2016 with its new smartphone. There are a lot of news here and there and one of is Nokia C1 Android may be coming soon.

Nokia has confirmed that it will release phones inside early 2017. One thing to sure that Nokia comeback soon to market because its contract is going to end this year 2016 with Microsoft. HMD Global has licensed the Nokia brand for use on mobile phones and tablets.

Nokia gets a lot of loose with Microsoft and poorly flag it’s window phones. The Nokia mobile business is going to end with Microsoft, and it’s not only good new for Nokia but also for Nokia phone lovers. A new cheaper for the stories is about to begin.

Nokia has just announced that it will license its brand and intellectual property licensing agreement enabling HMD global to create a new generation of Nokia-branded mobile phones and tablets.

Nokia is Coming Back with HMD Global

Espoo, Finland – Nokia has announced plans to see the Nokia logo return to the cellphone and tablet markets on a global basis. Underneath a diplomatic settlement, overlaying branding rights and intellectual assets licensing.

Nokia technology will grant HMD International Oy (HMD), a newly based organization located in Finland, a distinctive international license[1] to create Nokia-branded cellular telephones and tablets for the following ten years. Beneath the settlement, Nokia technology will get hold of royalty payments from HMD for sales of Nokia-branded mobile products, protecting both emblem and highbrow assets rights.

Beneath the settlement, Nokia technology will get hold of royalty payments from HMD for sales of Nokia-branded mobile products, protecting both emblem and highbrow assets rights.

HMD has been founded to provide a focused, independent home for a full variety of Nokia-branded function phones, smartphones, and tablets.

To finish its portfolio of Nokia branding rights, HMD introduced today that it has conditionally agreed to acquire from Microsoft the rights to use the Nokia emblem on personal phones, and sure related design rights.

The Microsoft transaction is anticipated to close in H2 2016. Together those agreements would make HMD the only worldwide licensee for all forms of Nokia-branded cell phones and tablets. HMD intends to invest over USD 500 million over the following three years to help the global advertising of Nokia-branded cellular phone and tablets, funded via its investors and earnings from the acquired particular phone business.

Conclusion

This time we hopefully the Nokia will stick to doing what they do best. They were making great hardware and design. They have made so many mistakes over the years; they should have been one of, if not the biggest Android phones on the market. They had a huge head start on everyone else but obviously didn’t have anyone with vision calling the shots, I hope they have resolved that issue, cut the dead weight.

we all have some fond memories of many of their phones in the past and hope to again soon.

SOURCE: Nokia, HMD global

Leave a Reply

Your email address will not be published. Required fields are marked *